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1213. Lee, Ken. 2000. New developments with yuba,<br />

<strong>soy</strong><strong>milk</strong>, <strong>and</strong> t<strong>of</strong>u at Soyfoods <strong>of</strong> America (Interview).<br />

SoyaScan Notes. Aug. 18. Conducted by William Shurtleff <strong>of</strong><br />

Soyfoods <strong>Center</strong>.<br />

• Summary: Soyfoods <strong>of</strong> America still makes yuba <strong>and</strong>,<br />

in fact, cannot keep up with the dem<strong>and</strong>. The fresh frozen<br />

sheets is their best selling yuba product; it is sold mostly to<br />

restaurants, where it is used like an egg-roll wrapper. The<br />

dried yuba sticks are used in soups. Ken is developing the<br />

equipment <strong>and</strong> a process for automating the yuba-making<br />

process.<br />

The company’s best selling product <strong>of</strong> all is Furama<br />

<strong>soy</strong><strong>milk</strong>, sold in both the Oriental <strong>and</strong> Caucasian markets in<br />

the USA. Ken no longer makes t<strong>of</strong>u; he has House Foods<br />

make it for him under his label, since they are the lowest-cost<br />

manufacturer.<br />

Two weeks ago Ken’s company introduced a cultured<br />

<strong>soy</strong> beverage under the Trader Joe’s label, in peach <strong>and</strong><br />

strawberry fl avors. It was developed by Tim Huang. Ken will<br />

soon introduce a similar product under his SoyWise br<strong>and</strong>.<br />

Address: President, 1091 E. Hamilton Rd., Duarte, California<br />

91010. Phone: 626-358-3836.<br />

1214. Nordquist, Ted. 2000. Update on work with <strong>soy</strong>foods<br />

(Interview). SoyaScan Notes. Aug. 18. Conducted by William<br />

Shurtleff <strong>of</strong> Soyfoods <strong>Center</strong>.<br />

• Summary: Sales <strong>of</strong> Ted’s WholeSoy <strong>soy</strong> <strong>yogurt</strong> “are going<br />

through the ro<strong>of</strong>” = increasing dramatically. Ted is moving<br />

production from Fullerton to SSI (Super Store Industries)<br />

in Turlock, California–just south <strong>of</strong> Modesto. He leaves<br />

home at 4:00 in the morning to arrive there last Sunday <strong>and</strong><br />

Monday at 6:00 a.m.<br />

Ted’s ice cream is also “fl ying <strong>of</strong>f the shelves” =<br />

selling very well. Things are going very, very well for<br />

Ted’s business. He is still trying to fi nd a partner to do the<br />

<strong>soy</strong><strong>milk</strong>–after Suiza Foods Corp. went <strong>of</strong>f on their own. Ted<br />

would have a hard time partnering with people who have<br />

betrayed him. “They’d almost have to elect me chairman <strong>of</strong><br />

the board before I’d agree to go back <strong>and</strong> work with them.”<br />

With his WholeSoy Soy<strong>milk</strong>, Ted was actually 3-4 months<br />

ahead <strong>of</strong> White Wave in the “100-yard dash” to get into<br />

supermarkets. Ted was ready to go in June <strong>of</strong> 1999, ready to<br />

sell it through Pacifi c Coast Br<strong>and</strong>s with Neil Donovan, the<br />

man who makes Lactaid–but Neil uses Suiza’s distribution.<br />

Ted is now talking to some big players, but it would be very<br />

expensive to launch the product. He is talking with some big<br />

chains about Ted making the WholeSoy Soy<strong>milk</strong> under his<br />

label, then the chain would distribute <strong>and</strong> sell it. Ted can’t<br />

afford to pay the upfront marketing expenses–including<br />

slotting allowances for individual stores. If White Wave’s<br />

Silk <strong>and</strong> Ted’s WholeSoy were compared right now in a<br />

well designed taste test, Ted’s product would defi nitely get<br />

higher scores. Address: TAN Industries, Inc., 49 Stevenson<br />

St., Suite 1075, San Francisco, California 94105-2975; 660<br />

HISTORY OF SOY YOGURT & CULTURED SOYMILK 468<br />

© Copyright Soyinfo <strong>Center</strong> 2012<br />

Vischer Ct., Sonoma, CA 95476. Phone: 415-495-2870.<br />

1215. Product Name: Veggie Yogurt.<br />

Manufacturer’s Name: Galaxy Foods.<br />

Manufacturer’s Address: 2441 Viscount Row, Orl<strong>and</strong>o, FL<br />

32809. Phone: 800-441-9419.<br />

Date <strong>of</strong> Introduction: 2000. August.<br />

How Stored: Refrigerated.<br />

New Product–Documentation: Spot in Monthly Insight<br />

(Galaxy Foods, Florida). 2000. March. p. 2. “Our newest<br />

product, Veggie Yogurt, was featured in the number one<br />

position by Dairy Foods magazine, a Cahners Publication.<br />

Revenue <strong>of</strong> Veggie Slices <strong>and</strong> Veggie Yogurt would have<br />

been greater except that we were unable to fi ll a signifi cant<br />

amount <strong>of</strong> orders due to delays in certain production <strong>and</strong><br />

packaging machinery achieving optimum levels.”<br />

1216. Dean Foods Co. 2000. 75th anniversary annual report:<br />

1925-2000. Franklin Park, Illinois. 42 p. 28 cm.<br />

• Summary: Net sales in 1999 was $4,065 million ($4.065<br />

billion). Net income after taxes was $106.118 million. This<br />

annual report contains an excellent <strong>history</strong> <strong>and</strong> chronology <strong>of</strong><br />

the company, <strong>and</strong> also a list <strong>of</strong> its “fi rsts.”<br />

1925 June–Dean Foods begins as Sam Dean, Sr.<br />

purchased the Pecatonica Marketing Co., an evaporated <strong>milk</strong><br />

processing facility in northwestern Illinois.<br />

1927 Jan.–The company name was changed to Dean<br />

Evaporated Milk Company. During 1927 Dean purchased<br />

dairy plants in Belvidere <strong>and</strong> Chemung, Illinois. 1929–The<br />

company name was changed to Dean Milk Company. 1936–<br />

The last horse-drawn <strong>milk</strong> wagon was replaced by a Dean<br />

<strong>milk</strong> truck.<br />

1940–Dean introduced fl uid <strong>milk</strong>, packaged in waxed<br />

paper cartons.<br />

1993 Dec.–Dean acquired its fi rst national br<strong>and</strong> label,<br />

Birds Eye frozen vegetables. But then Dean vegetable<br />

operations were sold in Sept. 1998.<br />

1998–Dean introduced its innovative Chug packaging,<br />

providing single-serve containers for on-the-go consumers<br />

with the “Milk Where You Want It” slogan.<br />

2000 July–Dean completed its largest dairy acquisition<br />

with the purchase <strong>of</strong> the L<strong>and</strong> O’ Lakes Upper Midwest fl uid<br />

Dairy operations, exp<strong>and</strong>ing Dean’s marketing area.<br />

Accompanying the annual report is an announcement<br />

<strong>of</strong> the Annual Meeting <strong>of</strong> Shareholders <strong>and</strong> Proxy Statement<br />

(26 p.). Howard M. Dean is chairman <strong>of</strong> the board <strong>and</strong> CEO.<br />

This year (2000) his salary was $700,000 <strong>and</strong> his bonus<br />

$677,408. He was also granted 86,000 shares <strong>of</strong> company<br />

stock, with each share worth $37.31 = $3,208,660.<br />

Under “Specialty Products” (p. 15) we read: “An<strong>other</strong><br />

promising relationship was established in fi scal 2000 with<br />

an equity investment in Colorado-based White Wave, Inc.,<br />

a producer <strong>of</strong> <strong>soy</strong>-based products. White Wave sells its<br />

refrigerated <strong>soy</strong><strong>milk</strong> products under the br<strong>and</strong> name Silk.

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